Bullfrog AI Holdings Insiders Got A Good Deal Selling At US$4.46

Bullfrog AI Holdings, Inc.'s (NASDAQ:BFRG) stock rose 132% last week, but insiders who sold US$303k worth of stock over the last year are probably in a more advantageous position. Selling at an average price of US$4.46, which is higher than the current price might have been the right call as holding on to stock would have meant their investment would be worth less now than it was at the time of sale.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Bullfrog AI Holdings

Bullfrog AI Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Vininder Singh is the biggest insider sale of Bullfrog AI Holdings shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$7.40. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Vininder Singh ditched 67.89k shares over the year. The average price per share was US$4.46. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Bullfrog AI Holdings Insiders Are Selling The Stock

The last three months saw significant insider selling at Bullfrog AI Holdings. In total, Founder Vininder Singh dumped US$303k worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Bullfrog AI Holdings insiders own 53% of the company, currently worth about US$22m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Bullfrog AI Holdings Insider Transactions Indicate?

An insider hasn't bought Bullfrog AI Holdings stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bullfrog AI Holdings. To that end, you should learn about the 5 warning signs we've spotted with Bullfrog AI Holdings (including 3 which are significant).

Of course Bullfrog AI Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.